Byline: Yuthana Praiwan
Mar. 17--Retail prices of gasohol are now even cheaper than gasoline after levies from sales of regular and premium grades of the fuel for the state oil fund were cut by 50 satang to one baht per litre.
The cut was designed to encourage motorists to switch to gasohol, an alternative fuel comprising 90 percent gasoline and 10 percent ethanol, in light of high oil prices and a local ethanol supply glut, said Energy Minister Piyasvasti Amranand.
The Committee on Energy Policy Administration, chaired by Dr Piyasvasti, decided yesterday to reduce the levies collected from sales of gasohol 95 and 91 to one baht per litre from 1.50 …
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